»Ê¹ÚÌåÓýapp

Sometimes you may need to stop the overnight processing of a repayment. You do this by using Function SREP (Stop Repayments) before the cut off for processing of repayments, which is 4pm.

»Ê¹ÚÌåÓýapp cut off is normally the same day as the day the repayment is created, but it is 4pm the next working day if the repayment is created on a Saturday, Sunday or a Bank Holiday.

This function can only be used where the is:

• risks apply - authorised
• authorised automatically
• awaiting manual issue.

This function cannot be used for:

• repayments with a status of risks apply - unauthorised. However, repayments with this status can be cancelled by the Repayment / Reallocation Authoriser using Function PRKR
• repayment of additional repayment interest
• repayments created by Debt Management and Banking.

»Ê¹ÚÌåÓýapp whole repayment is stopped in cases where the repayment is:

• for more than one AP which have been linked together and / or
• made up of a combination of tax, interest and penalties.

When Function SREP has been used to stop a repayment:

• the repayment is removed from the overnight processing request list and the issue of the payable order is stopped
• the repayment postings in Function VPPD (View Payments and Postings Details) are reversed
• the repayment status is changed to ‘Repayment Stoppedâ€�
• the repayment is posted to work list LOPD (Overpayments Review List).

See COM123011 for a list of functions to use in particular situations.